Quantum Breakout Indicator PRO MT5

TopicStarter

Moderator
Apr 15, 2024
10,062
4
38

Introduction​

Quantum Breakout Indicator PRO MT5 is a breakout trading tool designed to help traders identify and capitalize on breakout zones. Developed by Bogdan Ion Puscasu, this indicator has received positive feedback from users like Dariuszabc24, who states, The indicators work very well, I recommend them, and hinodeman, who notes, It is a very useful indicator that supports discretionary trading. It improves trading accuracy and maximizes profits. However, it's essential to compare this tool with other trading robots to understand its true value.

Comparison with EASY Robot​

When comparing Quantum Breakout Indicator PRO MT5 with one of the EASY series robots, such as EASY Trendopedia, several differences and similarities emerge. EASY Trendopedia is known for its robust trend-following strategy, which makes it highly reliable and profitable in trending markets. In contrast, Quantum Breakout Indicator PRO MT5 focuses on breakout zones, which can be advantageous in volatile markets.

EASY Trendopedia offers:
  • Advanced trend detection algorithms
  • Customizable settings for various market conditions
  • High reliability in trending markets
  • User-friendly interface

Quantum Breakout Indicator PRO MT5 offers:
  • Non-repainting signals
  • Customizable breakout boxes
  • Multiple profit target zones
  • Suggested stop loss levels

While both tools have their strengths, EASY Trendopedia's advanced trend detection and user-friendly interface make it a more reliable and profitable option for most traders.

Pros and Cons​

Quantum Breakout Indicator PRO MT5 Pros:
  • Non-repainting signals ensure reliability
  • Customizable breakout boxes for tailored strategies
  • Multiple profit target zones for better risk management
  • Positive user feedback and support from the developer

Quantum Breakout Indicator PRO MT5 Cons:
  • Limited to breakout strategies, which may not be suitable for all market conditions
  • Requires user intervention for optimal performance
  • May not be as user-friendly as some other indicators

EASY Trendopedia Pros:
  • Advanced trend detection algorithms
  • Highly reliable in trending markets
  • Customizable settings for various market conditions
  • User-friendly interface

EASY Trendopedia Cons:
  • May not perform as well in volatile or ranging markets
  • Higher initial cost compared to some other indicators

Optimal Usage Conditions​

Quantum Breakout Indicator PRO MT5 works best in volatile markets where breakout opportunities are frequent. It is particularly effective on the M15 timeframe and with currency pairs like GBPJPY, EURJPY, USDJPY, NZDUSD, and XAUUSD. For optimal performance, it is recommended to use ECN, Raw, or Razor accounts with very low spreads from brokers like IC Markets or Pepperstone.

Conclusion​

Quantum Breakout Indicator PRO MT5 is a reliable tool for traders looking to capitalize on breakout opportunities. While it has its limitations, its non-repainting signals and customizable features make it a valuable addition to any trader's toolkit. However, for those seeking a more comprehensive and user-friendly solution, EASY Trendopedia remains a superior choice.

Source Code of Quantum Breakout Indicator PRO MT5​

We do not have access to the original source code of Quantum Breakout Indicator PRO MT5 sold on MQL5. However, based on the description available on the MQL5 website, we have created a sample code that mimics its functionality. This code is available for educational purposes and can be found on our website here. If you have any questions about the code, feel free to ask on our forum.

Code:
You don't have permission to view the code content. Log in or register now.

Download Quantum Breakout Indicator PRO MT5​

For those interested in trying out Quantum Breakout Indicator PRO MT5, you can download a sample version based on its description from our website here. Please note that the EASY Trading Team does not sell the original Quantum Breakout Indicator PRO MT5 but provides this code based on its description for educational purposes. Share your experiences and feedback on our forum to help other traders make informed decisions.
 

Attachments

  • Quantum Breakout Indicator PRO MT5.mq5
    4.1 KB · Views: 1
For an optimal charting experience, I recommend utilizing the provided template to enhance clarity and gain deeper insights into the price trends.
 
Just got my hands on the Quantum Breakout Indicator PRO MT5, but I’m facing some challenges. The template refuses to load, which is frustrating. Additionally, it seems that no other indicators can share the space on my chart; they're simply invisible! What's going wrong here? I’m running just one chart at the moment. Cheers!